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Trade News

By: System Author9th April 1999
Despite clear potential for the development of a thriving local
biotechnology sector, which could be as far-reaching as the advent
of information technology, South Africa remains a poor performer in
this regard. This was the view of Trade and Industries Minister
Alec Erwin in a keynote speech... →

By: System Author2nd April 1999
THE high crime rate’s impact on the South African economy has
once again been brought to the fore, this time by Association of
Quantity Surveyors of South Africa president Dr Solly Preller, who
stated that, if it took a six-month state of emergency or a curfew
to reverse the country’s... →

By: System Author2nd April 1999
South Africa is planning to extend its motor industry development
programme (MIDP) to the rest of Southern Africa, Engineering News
can today report. Department of Trade and Industry director Johan
Cloete reveals that it will offer the MIDP to all 11 countries
currently participating in the... →

By: System Author2nd April 1999
The acquisition of Fenner Power Transmission (FPT) by Bearing Man
significantly extends the company’s range of top-quality
branded products as well as its customer base, Bearing Man bearings
division head Mohamed Kardar tells Engineering News. The
company’s network now includes 65... →

By: System Author2nd April 1999
The development of tourism infrastructure to support and stimulate
tourism development and economic growth in South Africa may be on
the cards following the completion of the Department of
Environmental Affairs and Tourism’s infrastructure review in
support of tourism development, reports... →

By: System Author2nd April 1999
Despite the announcement by Finance Minister Trevor Manuel that the
tax holiday scheme (THS) would not be extended beyond its
originally specified cut-off date of September 30, 1999, not all is
lost for new or expansion projects that will begin production after
this date. This is the word from... →

By: System Author26th March 1999
R21-billion-worth of transactions in black-empowerment deals have
been undertaken in 1998, reports Business Map, in this year’s
black economic empowerment review. Business Map CEO Jenny Carghill
said at the launch of the company’s 1999 publication, held in
Johannesburg in March, that... →

By: System Author26th March 1999
THE economic crisis which has ravaged so much of the world has been
extremely damaging to the South African defence industry,
Engineering News can today report. In addition to the economic
crisis in Asia, the global oil glut and the concomitant low oil
price has spread recession to Middle Eastern... →

By: System Author26th March 1999
South African industry could save hundreds of thousands of rands in
maintenance costs with the introduction of a self-cleaning
spin-filter module manufactured by US company Dollinger, Bona
Filters MD Mike Ellis tells Engineering News. He explains that, in
South Africa, the bulk of industry uses... →

By: System Author26th March 1999
An innovative infra- red dye-drying sys- tem has been unveiled
after running as a pilot project at the Mooi River Textiles plant
in Kwazulu-Natal. The infra-red system, which is reportedly a
world-first, is the brainchild of local company Radiant Processes
and is set to revolutionise the local... →

By: System Author26th March 1999
Steady progress is being made towards the establishment of a free
trade area (FTA) for the Southern African Development Community
(SADC). A deal could be signed, ratified and implemented by as
early as January 1 next year, Engineering News can today report.
Two trade negotiating forums have... →

By: System Author26th March 1999
The globalisation of world economies and markets requires
organisers of leading trade fairs to think and act globally. This
was exactly the prevailing mindset at Icam Asia, the trade fair for
measurement and automation, which culminated in the foundation of a
partnership between leading trade... →

By: System Author19th March 1999
While July this year should see the start of a recovery in global
sheet steel prices, it should not be taken for granted. Commodities
Research Unit of London steel expert John Johnson warns that China
and Japan will have negative growth this year and fairly stagnant
economies in 2000 as well,... →

By: System Author19th March 1999
The South African Capital Equipment Export Council (CEEC), the
first export council to kick off following recommendations made in
the cluster reports released last year, will launch its first
outward selling mission next month. The value of the capital
equipment industry sector in South Africa is... →

By: System Author19th March 1999
A breakthrough has been made in the production of special bar
quality (SBQ) steel at Iscor’s Newcastle works in
Kwazulu-Natal, which will see a boost in production of this
high-value-added steel. A loss-making activity until February this
year, SBQ steel production is now set to become a... →

By: System Author19th March 1999
The finishing touches are being applied to a new R110-million
lignosulphonate plant at Saiccor, Umkomaas, an operation owned by
Lignotech SA, a joint-venture company established by Sappi and
Borregaard Lignotech of Norway. The decision to invest in the plant
was made in mid-1996, with the... →

By: System Author19th March 1999
The first edition of a long-awaited exporter’s manual has
been launched by the Johannesburg Chamber of Commerce and Industry
(JCCI). The JCCI exporter’s manual was compiled to encourage
new and existing businesses to realise the advantages of trading
wisely into world markets, and to... →

By: System Author19th March 1999
The chief directorate of tourism in the Department of Environmental
Affairs and Tourism is well advanced in an audit of the
country’s tourism infrastructure, Engineering News can today
report. “The infrastructure audit is 70% complete –
we’re now looking at the finer... →

By: System Author19th March 1999
For South African businesses, real opportunities exist in Africa,
especially in the infrastructure, telecommunications and
agro-industrial sectors, Engineering News can today report.
“Many infrastructural projects in Africa are funded by the
World Bank, the African Development Bank (ADB),... →

By: System Author19th March 1999
The trade metrology division of the South African Bureau of
Standards (SABS) is measuring up the shortfalls of industry to
ensure fairness and consumer protection. SABS trade metrology
manager Brian Beard explains to Engineering News that the
department is busy with several projects on packaging... →

By: System Author12th March 1999
Artificial demand created in the machine tools industry by buyers
trying to avoid the consequences of new tax laws coming into play
by September this year could dangerously mislead suppliers, warns
Machine Tool Merchants Association of South Africa chairperson
Dennis Rutter. “As everyone... →

By: System Author12th March 1999
After a year in oper- ation, the small- traders’ facility at
Epping fresh produce market, Cape Town, is exceeding all
expectations in attracting business. Before the facility was
completed, these traders had to conduct business on the loading
ramps outside the market. This situation... →

By: System Author5th March 1999
Illegal or ‘grey’ imports of heavy and medium vehicles
are beginning to wreak havoc on the South African industry,
Engineering News can today report. The problem has arisen as a
result of the severely depressed market for commercial vehicles in
Asia, following the meltdown of those... →

By: System Author5th March 1999
Oovershadowed, perhaps, by neighbours Germany, France and –
across the Channel – the UK, Belgium is nevertheless a
valuable and growing trading partner for South Africa, and one with
whom this country runs a nice trade surplus. “We always run a
trade deficit with South Africa... →

By: System Author5th March 1999
Japan demystified the ‘economic miracle’ that took
place in the late 1970s when it resisted the effects of the second
global oil crisis, by taking a hard knock economically in the
1990s. University of Tokyo professor Kiichi Fujiwara, speaking to
members of the African Asian Society... →

By: System Author5th March 1999
A KEY question that begs an answer as many South African government
departments experience crippling financial crises is why, despite
the huge increases in the funding allocated to departments such as
education, there still remains an apparent lack of capacity. This
was the view of Deputy Finance... →

By: System Author26th February 1999
Swaziland refrigerator-manufacturing group Masterfridge has
embarked on the second phase of its three-part profitability plan.
CEO Geoff Mangan reports that, in the first phase, ending in
December last year, the company’s overdraft was reduced by
R14-million through the implementation of a... →

By: System Author26th February 1999
Just as Lewis Carroll’s Alice drank a potion to shrink
herself down to a size which would enable her to pass through the
door leading to a beautiful garden, so South African steel giant
Iscor is hoping to do the same. In ‘growing itself
smaller’, the firm hopes to boost margins... →

By: System Author26th February 1999
Why is environmental management so important? The backbone of
environmental management is sustainable development, which covers
the concept of needs and the idea of limitation imposed by the
state of technology and social organisation on the
environment’s ability to meet present and future... →

By: System Author26th February 1999
Cable-maker Aberdare Cables has sold a 10% equity stake to
empowerment group Kwezi Investments as part of a drive to further
support economic empowerment. Valued at R162-million, the deal came
into effect at the beginning of March, and will enable Kwezi
Investments to assume an active role in the... →

By: System Author26th February 1999
The lowering of import tariffs and their new transparency as a
result of the General Agreement on Tariffs and Trade administered
by the World Trade Organisation has led to other market access
restrictions being exposed, most notably technical requirements
which include standards, reveals Maurice... →

By: System Author26th February 1999
What is the strategy for the future? We would like to grow the
Southern African market, which still uses significantly less starch
per capita than Europe or the US, less than a third of the usage in
those markets. We see tremendous potential where economies are
growing in Africa. There are three... →

By: System Author26th February 1999
Although South Africa is more prepared than many countries with
regard to year 2000 (Y2K) compliance, there is certainly no room
for complacency, warns Siemens Industry divisional MD Herman Singh.
“Generally, South Africans are being proactive about Y2K
compliance and, at some levels, we... →

By: System Author26th February 1999
RADIO is a resilient technology that is going to help spearhead the
digital age to millions of listeners across the world. This was the
clear message delivered to more than 300 delegates from 33
countries at the Fourth International Digital Audio Broadcasting
(Dab) Symposium held in Singapore.... →

By: System Author26th February 1999
WITH only 20 stands available for the 1999 Kwazulu-Natal Industrial
Trade Show (Knits), the event looks set to provide local
industrialists with the perfect opportunity to view all the latest
products and services under one roof. The exhibition is scheduled
to run at Durban’s Exhibition... →

By: System Author19th February 1999
After some ten months of anxiety, South Africa’s beleaguered
nuts and bolts manufacturers are finally able to breathe a sigh of
relief. This follows a government announcement that it will impose
provisional anti-dumping duties against China, Taiwan and
Australia. The South African Fasteners... →